Roblox (NYSE: RBLX), developer and operator of an online entertainment platform with a mission to bring the world together through play, was featured in this week’s Simply Wall St Journal in a publication titled, “Roblox – The new kid on the blox.” Based on feedback on its recent coverage of Bumble Inc. (NASDAQ: BMBL) following the company’s IPO, Simply Wall St learned that “some investors enjoyed learning the ins-and-outs of a business model in an industry that they otherwise would not have usually considered (i.e. dating apps).” With that in mind, Simply Wall St provided more of the same this week in its coverage of Roblox, another company that just went public and leverages an interesting business model within an up-and-coming sector. The piece reads, “It operates in the gaming industry, but not like most other players. Rather than a vertical Studio-to-Consumer model like Electronic Arts Inc (NASDAQ: EA) or Activision Blizzard Inc. (NASDAQ: ATVI), the company has a horizontal platform model where it connects game creators directly with consumers. It’s easier to scale than traditional models and has platform dynamics that fuel its growth.”
For more details, visit https://ibn.fm/cIDtl
About Roblox Corporation
Roblox’s mission is to bring the world together through play. Roblox enables anyone to imagine, create and have fun with friends as they explore millions of immersive 3D experiences, all built by a global community of developers. For more information about the company, visit www.Corp.Roblox.com.
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.
With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.
Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.
For more information, please visit https://www.investorwire.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer
InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.investorwire.com
[email protected]
InvestorWire is part of the InvestorBrandNetwork.